Isak Andic, the founder of Mango, a leading Spanish clothing retailer and one of Europe’s major fashion brands with around 2,800 stores globally, passed away on Saturday following an accident, the company announced. The company did not disclose additional details, but Spanish media reported that the 71-year-old passed away after falling into a ravine while hiking in the mountains near Barcelona with family members. Spanish Prime Minister Pedro Sanchez was among the first to honor Andic, praising his "entrepreneurial vision.
" "It is with deep regret that we announce the unexpected death of Isak Andic, our non-executive chairman and founder of Mango," the Barcelona-based company's CEO, Toni Ruiz, said in a statement. "Isak has been an example for all of us. He dedicated his life to Mango, leaving an indelible mark thanks to his strategic vision, his inspiring leadership and his unwavering commitment to values that he himself imbued in our company," he added.
Isak Andic, one of Spain's wealthiest individuals, had an estimated family net worth of $4.5 billion, according to Forbes. During his leadership, the company collaborated with prominent figures like British model Kate Moss, Spanish actress Penelope Cruz, and French footballer Antoine Griezmann to enhance its sales through high-profile marketing campaigns.
Andic was born in 1953 in Istanbul and relocated to Barcelona with his family at the age of 14, settling in Spain's affluent Catalonia region. In 1984, with the support .